Markets· ★★· bullish·

Analyst: Bitcoin weekly close above $83K keeps bulls in control

  • —Bitcoin closed the week above $83,000
  • —Cowen: bulls stay in control, bears need proof of a reversal
  • —DCA in midterm election years worked in 2018 and 2022
Why it matters: A weekly close above $83,000 supports the bullish case, but without volume confirmation the market remains vulnerable.
Source: PANews